The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

La Plata Bancshares in Texas raises $10.9M via private placement

La Plata Bancshares in Hereford, Texas, raised $10.9 million.

The $283 million-asset company completed a private placement of common stock on Aug. 20, according to a regulatory filing.

The total offering amount was $12 million, meaning that about $1.1 million of shares were not sold.

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